Tag: Daily Fantasy Sports

DFS Merger Faces Challenges with FTC & Revenue Lost

DraftKings and FanDuel planned on a merger to save the two companies from its financial problems. However, the DFS merger faces challenges with the US Federal Trade Commission. The daily fantasy sports operators are a big deal for Bitcoin owners. The two fantasy sports offer a great alternative to the usual Bitcoin casinos or sportsbook

FanDuel in Search of Funds After Blocked DraftKings Merger

The leading fantasy sports giant, FanDuel, asks help from its investor for more funds. The recent FanDuel funding rounds could have been avoided if the US Federal Trade Commission (FTC) did not block the DraftKing merger deal. Merging with DraftKings could help fish FanDuel out of the red. However, FTC viewed the merger as a